Stifel Nicolaus Sticks to Their Buy Rating for Western Gas


Stifel Nicolaus analyst Selman Akyol maintained a Buy rating on Western Gas (NYSE: WES) today and set a price target of $63. The company’s shares closed yesterday at $47.73.

According to TipRanks.com, Akyol is a 3-star analyst with an average return of 1.0% and a 55.1% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Energy Transfer Partners LP, Dcp Midstream Partners Lp, and Spectra Energy Partners.

Western Gas has an analyst consensus of Moderate Buy, with a price target consensus of $49.67.

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The company has a one-year high of $59.53 and a one-year low of $40.44. Currently, Western Gas has an average volume of 579.2K.

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Western Gas Partners LP engages in the owning, operating, acquiring, and developing of midstream energy assets. It involves in the gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. The company was founded in August 2007 and is headquartered in The Woodlands, TX.

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